CALIFORNIA | LOCAL
September 21, 1999
Capstone Turbine Corp., Woodland Hills, announced that its microturbine power generating system MicroTurbine Model 330, has been approved and listed by Underwriters laboratory, indicating compliance with industry standards for electrical products in North America. Capstone develops low-emission, compact power-generating systems for a variety of applications including remote power, standby power, combined systems and hybrid electrical vehicles.
July 25, 2006 |
Capstone Turbine Corp. said Monday that its chief executive and president, John Tucker, had resigned, citing personal reasons. Tucker's last day at the Chatsworth-based company will be July 31, Capstone said. It said Chief Operating Officer Mark Gilbreth would serve as CEO and president on an interim basis. Tucker, 59, who has been CEO since August 2003, has agreed to assist with the transition in a consulting capacity until July 31, 2007, the company said.
July 13, 2001 |
Capstone Turbine Corp. has been awarded $3 million by the Department of Energy to develop more energy-efficient power generators. Chatsworth-based Capstone manufactures refrigerator-size microturbines that produce 30 to 60 kilowatts of electricity--enough to power a fast-food restaurant, a hotel or a small office building.
April 17, 2001 |
* Capstone Turbine Corp., a maker of power generators for homes and small businesses, received a second order from Japan's Takuma Co. for 250 microturbine sets to be used in cogeneration systems. The value wasn't disclosed by Capstone spokesman Keith Field. Amagasaki, Japan-based Takuma will buy the sets over the next year. Takuma bought 100 of the sets last year.
February 22, 2001 |
A Chatsworth maker of power generators said Wednesday it has formed an alternative energy unit with offices in Orange County and four other areas in the state. Capstone Turbine Corp. said in a press release that it formed Capstone California to take advantage of demand spurred by the state's energy crisis. The company makes 30- and 60-kilowatt natural-gas turbines that produce enough electricity to power a convenience store or typical office building.
August 11, 2005 |
Impac Mortgage Holdings Inc., a Newport Beach real estate investment trust, posted a second-quarter loss of $55 million, or 78 cents a share, down from a year-earlier profit of $143.2 million, or $2.17. The company also said it planned to lower its dividend. The combination of bad news, released late Tuesday, sunk Impac's shares Wednesday. They fell $2.39, or 14.6%, to $13.98. Impac attributed the loss to a $97.